Tuesday, July 21, 2026
Industry NewsLecta expects to complete recapitalization by April

Lecta expects to complete recapitalization by April

-

Lecta expects to complete recapitalization by April

-

On 2 January 2026, Lecta together with its direct and indirect subsidiaries, executed a lock-up agreement with key stakeholders representing its largest financial creditors and shareholders, pursuant to which those parties agreed to support the implementation of a comprehensive recapitalization transaction. With the support of the stakeholders, Lecta has reported it has the necessary support required under the lock-up agreement to facilitate the implementation of the recapitalization.

Lecta and its subsidiaries are endeavoring to complete the recapitalization as soon as possible and expects completion to occur by the end of April 2026 at the latest, in order to comply with applicable regulatory and anti-trust approvals.

Furthermore, the stakeholders have agreed to further defer interest payments on the New
Money Notes and Super Senior Facilities Agreement due in September 2025 and December
2025, amounting to around 9 million euros, to support liquidity.

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

HIPLEX 2026 Roadshow held in Hyderabad

The roadshow for HIPLEX 2026, India’s third-largest plastics exhibition, was held on Saturday night at ITC Kakatiya, Hyderabad, setting...

UFlex secures patent for advanced reclosable packaging for large-format bags

UFlex, India’s largest multinational flexible packaging and solutions company, has secured an Indian patent, valid for a period of...

FSSAI pulls up alcohol makers over misleading ‘aged’ claims, flavour violations

The Food Safety and Standards Authority of India (FSSAI) has issued notices to alcoholic beverage manufacturers over alleged violations...

Brilliant Polymers reinforces solvent-free leadership at ElitePlus 2026

At the 13th Speciality Films & Flexible Packaging Global Summit & Exhibition (ElitePlus 2026), Brilliant Polymers will showcase its...
- Advertisement -spot_img

Konica Minolta showcases production print portfolio at Print Expo Chennai 2026

Konica Minolta Business Solutions India showcased its portfolio of production print technologies and intelligent workflow solutions at Print Expo...

Canpac acquires Krishna Creation, plans new Ahmedabad plant

Canpac has acquired Krishna Creation, an Ahmedabad-based folding carton and rigid box packaging manufacturer, expanding its presence in India’s...

Must read

APTech-BMPA Print Business Outlook Conference 2023 in Mumbai on 25 March

The Association for PRINT Technologies (APTech) and the Bombay...

BST India presents system for 100% surface inspection, precise defect classification for all packaging films

Wintriss- Web Ranger is an optical 100% surface inspection...

You might also likeRELATED
Recommended to you